Recently been in touch with my conveyancing solicitor in Kingston Park who conducted the legals two years ago asking for a conveyancing estimate based on the same type of home move (a leasehold premises and a freehold premises) of almost identical values with a mortgage from Accord Mortgages Ltd. It looks as though am now being charged double. Stick with what I know or should I try and find an alternative property lawyer?
The quote is slightly on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by perhaps £125. On the other hand, assuming were content with the legal work the firm gave you maylive to rue opting for an an unknown lawyer. If is important to ensure that the firm can also act for Accord Mortgages Ltd. Do employ our search tool to get a quote a Kingston Park conveyancing firm on the Accord Mortgages Ltd member panel, which can often include conveyancing solicitors in Kingston Park.
The Kingston Park conveyancing firm that just started acting on my house acquisition in Kingston Park have suddenly closed. I only went with them because I needed a lawyer on the Aldermore conveyancing panel and my previous Kingston Park lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Aldermore conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
We are buying a property and the solicitor has mentioned Chancel Repair to which the property may be obligated to contribute to given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly warranted for conveyancing in Kingston Park
Unless a prior acquisition of the property took place post 12 October 2013 you could assume that conveyancing practitioners carrying out conveyancing in Kingston Park to continue to suggest a chancel search and or insurance against a claim.
I am buying a new build house in Kingston Park with a mortgage from Lloyds TSB Bank. The sellers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The property agent advised me not to tell my solicitor about the extras as it would affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have been sourcing a conveyancing practitioner in Kingston Park for my sale. Is it possible to review a firm’s complaints history with the profession’s regulator?
Members of the public may find documented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator may monitor telephone calls for training purposes.
I own a leasehold flat in Kingston Park. Conveyancing and Platform Home Loans Ltd mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Kingston Park who acted for me is not around. What should I do?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Kingston Park conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a leasehold flat in Kingston Park, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Kingston Park with a long lease are worth £260,000. The ground rent is £45 yearly. The lease expires on 21st October 2100
With 74 years unexpired we estimate the premium for your lease extension to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.